Around a third of UK equity funds are marketed as active strategies despite the fact that they closely hug their benchmarks
A clear majority of UK active equity funds are not closet trackers and should not be tarred with that brush by the regulator.
Fund buy lists are helping investors to avoid overpriced 'closet tracker' products but the quality varies significantly
Fundscape is launching a site that compares a fund’s performance against its popularity with so-called gatekeepers.
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